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U.S. money fund rule proposals seen wide ranging

Posted on 22 October 2010

From Reuters: U.S. financial market regulators on Thursday recommended ways to increase regulation of money market funds, and analysts said the wide-ranging nature of the proposal suggested reform was inevitable.
The President’s Working Group on Financial Markets issued suggestions for making money funds more stable and less susceptible to cascading investor withdrawals during a crisis……………………………………….Full Article: Source


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